VOLT INFORMATION SCIENCES INC
SC 13G/A, 1998-02-13
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G


                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                              (AMENDMENT NO. 12 )*



                         Volt Information Sciences, Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                          Common Stock, $.10 par value
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   928703 10 7
               ---------------------------------------------------
                                 (CUSIP Number)



Check the  following  box if a fee is being paid with the  statement . (A fee is
not required only if the reporting person:  (1) has a previous statement on file
reporting  beneficial  ownership  of more  than  five  percent  of the  class of
securities  described  in Item 1;  and (2) has  filed  no  amendment  subsequent
thereto reporting  beneficial  ownership of five percent or less of such class.)
(See Rule 13d-7.)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for  any  subsequent   amendment   containing   information  which  would  alter
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).


<PAGE>



                                       13G


- ---------------------                                          -----------------
CUSIP NO. 928703 10 7                                          PAGE 2 OF 5 PAGES
- ---------------------                                          -----------------


- --------------------------------------------------------------------------------
     1        NAME OF REPORTING PERSON
              S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

              William Shaw
- --------------------------------------------------------------------------------
     2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*          (a) [_]
                                                                         (b) [_]

- --------------------------------------------------------------------------------
     3        SEC USE ONLY


- --------------------------------------------------------------------------------
     4        CITIZENSHIP OR PLACE OF ORGANIZATION

              United States of America
- --------------------------------------------------------------------------------
        NUMBER OF                5       SOLE VOTING POWER
          SHARES
       BENEFICIALLY                          3,691,354
         OWNED BY             --------------------------------------------------
           EACH                  6       SHARED VOTING POWER    
        REPORTING                                               
          PERSON                                  -0- 
           WITH               --------------------------------------------------
                                 7       SOLE DISPOSITIVE POWER

                                             3,691,354
                              --------------------------------------------------
                                 8       SHARED DISPOSITIVE POWER

                                                  -0- 
- --------------------------------------------------------------------------------
     9        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                         3,691,354
- --------------------------------------------------------------------------------
    10        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN 
              SHARES*                                                      [_]

- --------------------------------------------------------------------------------
    11        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                         23.7%
- --------------------------------------------------------------------------------
    12        TYPE OF REPORTING PERSON*

                         IN
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!



<PAGE>



                                       13G


- ---------------------                                          -----------------
CUSIP NO. 928703 10 7                                          PAGE 3 OF 5 PAGES
- ---------------------                                          -----------------

                                  William Shaw
                               Amendment No. 12 to
                                  Schedule 13G


Item 1 (a)         Name of Issuer:
                   ---------------

                   Volt Information Sciences, Inc.

Item 1 (b)         Address of Issuer's Principal Executive Offices:
                   ------------------------------------------------

                   1221 Avenue of the Americas, 47th Floor
                   New York, New York 10020-1579

Item 2 (a)         Name of Person Filing:
                   ----------------------

                   William Shaw

Item 2 (b)         Address of Principal Business Office:
                   -------------------------------------

                   c/o Volt Information Sciences, Inc.
                   1221 Avenue of the Americas, 47th Floor
                   New York, New York 10020-1579

Item 2 (c)         Citizenship:
                   ------------

                   United States of America

Item 2 (d)         Title of Class of Securities:
                   -----------------------------

                   Common Stock, $.10 par value per share (the "Common Stock").

Item 2 (e)         CUSIP Number:
                   -------------

                   928703 10 7

Item 3.            Statements filed pursuant to Rules 13d-1(b) or 13d-2(b):
                   --------------------------------------------------------

                   Not applicable.

Item 4.            Ownership:
                   ----------

                   The following information is at December 31, 1997:




<PAGE>


                                       13G


CUSIP NO. 928703 10 7                                          PAGE 4 OF 5 PAGES
- ---------------------                                          -----------------


                    (a)       Amount  Beneficially   Owned:   3,691,354  shares.
                              Pursuant  to  the  rules  of  the  Securities  and
                              Exchange    Commission    respecting    beneficial
                              ownership,  includes 120,000 shares which were not
                              actually  outstanding but which were issuable upon
                              exercise of options held by the undersigned,  each
                              of which are presently  exercisable in full.  Such
                              shares are considered  outstanding for the purpose
                              of computing  the "Percent of Class"  below.  Also
                              includes   (i)   4,251   shares   held   for   the
                              undersigned's benefit under the Company's Employee
                              Stock  Ownership  Plan  as at May  31,  1997  (the
                              latest  date as of  which  information  concerning
                              plan allocations is available), (ii) 34,686 shares
                              held  for  the  undersigned  under  the  Company's
                              401(k)  Savings Plan and (iii) 99,561  shares held
                              as sole trustee for the benefit of Mr. Shaw's wife
                              as to  which  99,561  shares  Mr.  Shaw  disclaims
                              beneficial ownership.

                    (b)       Percent of Class:    23.7%

                    (c)       Number of shares as to which such person has:

                              (i)       sole power to vote or direct the vote -

                                        3,691,354 shares.

                              (ii)      shared power to vote or direct the vote-

                                        0 shares.

                              (iii)     sole  power to  dispose  or  direct  the
                                        disposition of -

                                        3,691,354 shares.

                              (iv)      shared power to dispose or to direct the
                                        disposition of -

                                        0 shares.

Item 5.            Ownership of Five Percent or Less or a Class:
                   ---------------------------------------------

                   Not applicable.

Item 6.            Ownership of More than Five Percent on Behalf of Another 
                   Person:
                   -------------------------------------------------------- 

                   Not applicable.




<PAGE>


                                       13G


- ---------------------                                          -----------------
CUSIP NO. 928703 10 7                                          PAGE 5 OF 5 PAGES
- ---------------------                                          -----------------

Item 7.            Identification and Classification of the Subsidiary Which 
                   Acquired the Security Being Reported on by the Parent Holding
                   Company:
                   -------------------------------------------------------------

                   Not applicable.

Item 8.            Identification and Classification of Members of the Group:
                   ---------------------------------------------------------

                   Not applicable.

Item 9.            Notice of Dissolution of Group:
                   ------------------------------

                   Not applicable.

Item 10.           Certification:
                   -------------

                   Not applicable.



                                    SIGNATURE

After  reasonable  inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

Dated:  February 12, 1998                              /s/  William Shaw
                                                 -------------------------------
                                                           William Shaw





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